HOW TO CUT YOUR TAXES by John Barnes

HOW TO CUT YOUR TAXES

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KIRKUS REVIEW

As Plato once said, ""When there is an income tax, the just man will pay more and the unjust less on the same amount of income."" Barnes' little handbook is, of course, for those who aspire to paying less, come that cruelest month when the IRS sticks its long, chilly hand into your pocket. Right off, he suggests rearranging your income to beat the graduated tax which penalizes the common wage earner; and the bulk of the book explains in clear detail how to work the legitimate loopholes: deductions for sick pay, moving and business expenses; the Keogh Plan; real estate depreciation; tax-free municipals (Barnes overlooks their current undesirability since New York's fiscal crisis); charitable contributions; tax shelters; trusts and so on. It's all scrupulously above board and there's nothing new for this year, but those who still have something to haggle over will want to keep this kind of checklist on hand after the first of the year.

Pub Date: Jan. 6th, 1975
Publisher: Morrow